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Update on Iran's Border Crossings Amid Coronavirus Outbreak

EghtesadOnline: Spokesman of the Islamic Republic of Iran Customs Administration Rouhollah Latifi has given the latest account of Iran's commercial exchanges through border crossings with neighboring countries, as the outbreak of the new coronavirus restricted the flow of goods through land borders.
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Publish Date:04/May/2020 | 04:26

20-Fold Rise in Exports From Razi Rail Border

EghtesadOnline: Atotal of 18,000 tons of goods worth $41 million were exported from Razi border crossing in West Azarbaijan’s Khoy County via 813 cargo wagons during the first month of the current Iranian year (March 20-April 19), showing a sevenfold and 20-fold rise in tonnage and value respectively compared with the similar period of last year.
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Publish Date:28/April/2020 | 18:00

30% Drop in Iran-China Q1 Trade

EghtesadOnline: Iran’s commercial exchanges with its top trading partner China stood at $3.94 billion during the first three months of 2020 to register a 30.4% decline compared with the corresponding period of 2019.
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Publish Date:28/April/2020 | 13:24

Most Importers Meet Forex Obligations

EghtesadOnline: Unfulfilled commitments by importers of essential goods have decreased substantially thanks to measures by the Central Bank of Iran 18 months ago, an official with the bank said.
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Publish Date:28/April/2020 | 05:46

Iran, EEU Announce Trade Tariffs

EghtesadOnline: The average tariff set by the Eurasian Economic Union on Iranian goods as part of a preferential trade agreement set to come into effect between the two sides on Oct. 27 stands at 3.1%, while the figure is 12.9% for EEU goods exported to Iran.
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Publish Date:16/October/2019 | 11:23

Impact of Forex Rate Volatility on Prices

EghtesadOnline: Over the past decade, goods and services in Iran suffered at least two bouts of price shocks following unprecedented volatility in the currency market due to foreign economic sanctions.
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Publish Date:12/October/2019 | 13:28

Iran's Monthly Consumer Inflation Declines to 18-Month Low

EghtesadOnline: The monthly goods and services Consumer Price Index growth fell to an 18-month low in the sixth month of the Iranian year (ended Sept. 22), latest data released by the Statistical Center of Iran show.
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Publish Date:25/September/2019 | 11:26

Iranian Ports Handle Over 11m Tons of Goods in 1 Month

EghtesadOnline: Iran’s 21 major ports loaded and unloaded 11.79 million tons of commodities in the first month of the current Iranian year (March 21-April 20) to register a 5.8% decline compared with the corresponding period of last year.
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Publish Date:14/May/2019 | 11:46

Rouhani: Subsidy Policy Reform Coming

EghtesadOnline: P resident Hassan Rouhani said Monday the policy of subsidizing basic goods will continue in the coming fiscal (starts March 21), but the manner of allocating subsidized currency could change.
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Publish Date:19/March/2019 | 24:00

EPI Rises 23.1 Percent YOY, 8.4 Percent MOM

EghtesadOnline: T he export price index stood at 344.3 for the first month of the current fiscal year (March 21-April 20), registering a 8.4% increase compared to the preceding month and a 23.1% rise compared with last year’s corresponding period, the Central Bank of Iran’s latest data show.
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Publish Date:23/May/2018 | 10:05

Forex Rally Upsets Markets

EghtesadOnline: T he rial continued to drop to record lows against the US dollar on Sunday, ending a short spell of stability that held for only a few days after the government assured the public that volatility in the foreign exchange market was temporary.
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Publish Date:05/February/2018 | 14:28